The owners of Amalo, an installation and services provider specialised in heat pumps and energy recovery solutions, explore options advised by Nordic M&A - marketed off 2022E EBITDA of DKK 7m acc. to sources (NKP Proprietary)
Lactobio, a Danish biotech company focused on microbial solutions, explores ownership options advised by Atrium Partners, with IMs being ready and NBOs set to be collected in August acc. to sources - Revenue of approx. DKK 15m and break-even EBITDA in FY23E (NKP Proprietary)
Update: IMs are out in the Rothschild-advised process for Modular Finance with NBOs to be collected in the coming month, according to multiple sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
June 13, 2023
Modular Finance, a Swedish SaaS provider of financial market data and digital investor relations tools, could come to market in the near-medium term acc. to several sources - revenue of SEK 102m (+45% YoY) and EBIT of SEK 62.5m in FY22 (NKP Proprietary)
Privately owned Kiho, a Finnish SaaS platform provider for work in the field, explores growth financing options advised by Initia Corporate Finance, acc. to sources - exp. revenue of EUR 6.2m and EBITDA of EUR 1.4m in FY23E (NKP Proprietary)
Following the successful sale of Roadworks subsidiary Otera AS, Norvestor is (still) pursuing a sale of Roadworks remaining business areas acc. to sources, William Blair advising (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
February 5, 2021
Norvestor may eye a timely 2021 exit of its well-performing portfolio firm Roadworks - relatively unaffected by the pandemic and estimated EBITDA of NOK 82m in 2020 (NKP Proprietary)
Update: J.P. Morgan-advised sale of Snow Software has entered the due diligence phase with multiple bidders and binding offers to be submitted in early September, acc. to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
June 26, 2020
Vitruvian-backed software asset management (SAM) firm SNOW Software could be headed for an IPO
EWII Group is actively looking for external investors for its fiber infrastructure business amid its pledge to bring fiber in everything to everyone for five municipalities before year-end, acc. to sources - Deloitte Corporate Finance advising, infra fund(s) in the buyer field (NKP Proprietary)
Update: The minority stake sale of Danish European Energy Group moves into the second round with multiple bidders acc. to sources, FIH Partners advising as first uncovered by NKP on 08.04.2022 (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
April 8, 2022
European Energy Group, a privately owned developer and asset manager within renewable energy, is preparing for a minority stake sale advised by FIH Partners, 2021 EBITDA of EUR 81.2m based on revenues of EUR 328.7m (+59% year-on-year) according to sources (NKP Proprietary)
Update: Access Partners holds the mandate for Triton's potential divestment of Fonecta, a Finnish digital marketing agency, from its ownership in EDSA Group in a Q4-2023 sale process, acc. to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
August 31, 2023
Triton is looking to divest Fonecta, a Finnish digital marketing agency, from its ownership in EDSA Group in a Q4-2023 process with teasers already out, acc. to multiple sources - Sales of EUR 58m and EBITDA of EUR 8m (NKP Proprietary)
Update: Final bids are due this week in the Citi-advised sale of Nordic Capital-backed Consilium Safety Group, a Swedish provider of fire and gas detection systems, acc. to multiple sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
July 7, 2023
Update: The Citi-led process for Nordic Capital-backed Consilium Safety Group, a Swedish provider of fire and gas detection systems, is progressing according to plan, with fireside chats planned for July and a proper kick-off for the second half of August (NKP Proprietary)
VC-backed AirHelp, a Berlin-headquartered provider of tech-enabled flight compensation services, is being prepared for a sale advised by UBS, acc. to sources - run-rate annualised revenues of EUR 74m (+106% YoY) and annualised EBITDA of EUR ~10m (NKP Proprietary)
NBOs are due this week in Stephens-advised sale of KGS Software, a portfolio firm of Maxburg Capital Partners since 2018 and a specialist in data archiving solutions for the German market (NKP Proprietary)
Update: Francisco Partners is pursuing a nearly EUR 1,000m refinancing for software group EG in the wake of a prior dual-track process, acc. to sources - minority-stake sale still on the table (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
January 11, 2022
Listing of Francisco Partners owned software provider EG in advanced stage with analyst presentations held before the Holidays, listing expected in Q1-2022 or early Q2-2022 at the latest, according to sources (NKP Proprietary)
Update: Ownership explorations for Green Instruments advised by Clearwater Intl. have been relaunched, acc. to sources - EBITDA of DKK 35m in FY22 (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
June 18, 2020
Privately owned Green Instruments might be looking for a buyer
Alder-backed Aidon, a provider of smart grid and smart metering technology and services, explores ownership options advised by Bryan, Garnier & Co. with NBOs being due towards the end of March 2023 - adj. EBITDA of approx. EUR 7m in 2022 acc. to sources (NKP Proprietary)
NKP | M&A Insights Proprietary
Headline from pre-deal coverage in M&A Insights
November 23, 2020
PE-firm Alder to exit Finnish technology company Aidon in Q1 2021
Plans to privatise capex-needing Swedavia, the state-owned airport operator, are taking form as preliminary informal discussions are ongoing, according to sources (NKP Proprietary)
The Hempel Foundation mandates investment bank Rothschild to explore a sale of a minority stake in coating supplier Hempel, IPO on the horizon - revenue of EUR 1,774m and EBITDA of EUR 203m in FY21 (NKP Proprietary)
Carnegie and Pareto Securities are advising the private owners of EIK Servering, a Norwegian hospitality and restaurant consolidator, on a potential sale of the group to fund its aggressive acquisition agenda - marketed off sales of NOK 1,000m and EBITDA of NOK 124m in FY22 adj., acc. to sources (NKP Proprietary)